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Renting a home while bancrupt and after repossession

What are the chances of being able to find rented accommodation after home repossessed and during bankcruptcy?

Asked on Nov 26 2013, Renting in Macclesfield | Report content

Answers (1)

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  • Hi lizzi07, It can be particularly hard to get yourself a tenancy when you are in any sort of financial trouble. This is because landlords - especially at a time like the present when demand is high - will almost always go for the perceived low-risk option. However, there are ways around it.Obviously the credit check would be your worst enemy in a situation like this, but there are many agents who do not carry these out for tenancies. If you have a potential guarantor who is prepared to take legal responsibility for your rent should you be unable to pay, then this can often sway the opinion of the agent - bring a letter from them if you can. Other options will include having proof that you have a steady job with an income sufficient to be able to pay the rent, as well as being able to show references from past landlords, if possible. Many thanks, Scott

    Answered on Nov 28 2013, Report content

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